Crypto 'fear-greed index' at 60...greed remains, CME futures gap at $430
Crypto data provider Alternative's self-estimated "Fear-Greed Index" stood at 60, the same as the previous day. The greed phase continues. The index indicates extreme fear in the market when it is close to zero, and extreme optimism when it is close to 100. The Fear-Greed Index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), bitcoin market cap (10%) and Google searches (10%).
Meanwhile, CME BTC futures, which closed the previous trading day at $43,220, opened today at $42,790, a gap of $430.